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and run the math, if you take the 800 billion in revenue that speaker boehner has offered, the 1.6 trillion the white house wants, you split the difference 1.2. if you split the difference on the cuts, you get to 450, 500 billion. numbers that folks on both sides think is feasible in the realm of a large deal. i spoke to a senior republican senator earlier today, and he said, look. we understand that at some point we have to move away from the tax issue and run that out to provide cover with the base. if we could get something back from the president, whether it be something in the lines of a cost of living adjustment for social security, meaningful entitlement cuts and a promise of tax reform in the 2013 year, something tangible to bring back to the house republican conference that speaker boehner could do that, then we feel that possibly we could have a deal where the 250 or above would go up. there's another side of the republican conference that says, no. republicans based their entire political existence in the last 20 years not to allow taxes to go up. not under any means w
of the boehner-led republican team. what about basketball you say? we go to charlotte last night, and the knicks treasury secretary, carmelo anthony, top paid and big star got hurt in this dive and had to leave the game. then the at the end it came down to this. >> looking for felton and finds smith. two seconds, one second. smith for the win. >> game over. no overtime. deal, end game, done. is this meaningless nba game in charlotte lead us to how the fiscal fiesta ends? we have a man who we think knows the answer, the king of the last word here on msnbc and all seeing of things in washington, the great one and only lawrence o'donnell. lawrence, thank you for joining us. this is very early in the day for you. >> this is earlier than i normally wake up in the day. see, i do very late night tv show. >> i'm familiar with it. >> you've been there once in a while. don't expect much from me at this hour. >> all right. way to set the barlow. very smart strategy there. >> no. i have a strategy for doing this show. without a second of homework, okay? >> you told me that. >> i have no idea what's happenin
it don't end up like that. are you listening, mr. boehner. >> this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. >> to talk all things politics, we bring in nick from the "new york times." politico is reporting today boehner and the president had a curt phone call. that's curt with a "c." should we be reading something into that? >> you almost can't tell what's happening by looking at the president and jay carney and speaker boehner are saying. you have to look further out and see where the ripples are. really when boehner's talking and when the president is talking, they are talking to their members in congress. so it's members you have to look at. obviously, there are teams of economists and policy experts behind the scenes that are crafting all kinds of compromises. it really comes down to the members, i think. >> let's talk about one of those members, representative tom cole, republican from oklahoma came out and said he thinks republicans should go ahead and pass what the president has proposed, basically exten
a nonstarter. house speaker john boehner saying this is not serious. cantor echoing those remarks. they say they want to see fewer taxes and deeper cuts to entitlements. the white house is saying, okay, put your plan on the table. so they're waiting to essentially hear from republicans about what their plan is to reform entitlements. as you mentioned, president obama as part of his strategy out on the road today in the suburbs of philadelphia really trying to turn up the heat on congressional republicans to get on board with his plan to increase taxes on wealthier americans and republicans have been firing back all day long. but the clock is ticking. there is not a whole lot of time left here. you remember there was that sort of harmonious tone that came out of the first meeting that president had with congressional leaders. right now we're look at a stalemate. john boehner call this had a stalemate earlier today. president obama doesn't have any specific plans that the white house is reading out to talk to congressional leaders, but they say he will remain in contact with him in the coming
boehner and along with the rest of the leadership has presented an offer to the white house in a letter sent today based off something boles said to the supercommittee last year. you see the offer on the screen. 800 billion through tax reform, 600 billion in health savings, 300 billion in mandatory savings, 300 billion further discretionary savings. it nets to a total of $2.2 trillion in savings. what does it mean? in the letter we know the sticking point is the tax rates. the speaker says, quote, notably the new revenue in the boles plan would not be achieved through higher tax rates, which we continue to oppose and will not agree in order to protect small businesses and our economy. instead new revenue would be generated through pro-growth tax reforms that closes special interest loopholes and deductions while lowering rates. you see in this latest proposal while they offer up pour savings by saying, look, we can tax the rich people through the $800 billion figure. we can find more savings in entitlements reforms and more savings in discretionary spending more so than the budget contr
of this move? should we make a lot out of it? cantor and boehner saying we don't have anything to vote on and going to go home and why do we have to sit here and wait to vote? is this more as krystal said kabuki theater, bad optics, a maneuver of political warfare? >> yeah. this is -- look, this is the gamesmanship we see when there's standoffs. i won't come to you. you come to me. boehn boehner's position is we've given you our plan and now for you, mr. president, to come back with what you're willing to do and probably not in a way we're aware of and sutd l calls between, you know, negotiators for the president and the congressionalรง republicans. whether the out ho house is in session only matters with a deal and manager to vote on. look. just because things are bogged down and in the standoff mode right now doesn't mean all is lost. it just means we don't know for sure that any progress is being made. >> there's another item here that i cannot let the segment end without addressing. critical both for us and the country. let's take a look. >> stop insta-gramming your breakfast and
Search Results 0 to 6 of about 7 (some duplicates have been removed)